Neteller Update...

[Sniper]

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Sniper, since you are really on top of this stuff, can you comment on the rumors that EFTs from Neteller to banks are not being processed? I have emailed NT VIP, but have yet to receive a response. Thanks.

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Homer, as I understand it, there is a volume/processing issue that is causing some problems.

fwiw, I am not moving ANY $$$ today... so while I hesitate to make a recommendation, I am sitting on my hands.

There is a possibility that Neteller may need to create a new intermediary processor... but since I don't know anything concrete on that, I don't really want to speculate on that.